-Suppose You Purchased 8 December Treasury Bond Futures Contracts at Lifetime

question 81

Multiple Choice

$\begin{array}{|l|r|r|r|r|r|rr|r} \hline & & & & & & {\quad\quad\text { Lifetime }} && \text { Open } \\\hline & \text { Open } & \text { High } & \text { Low } & \text { Settle } & \text { Chg } & \text { High } & \text { Low } & \text { Int } \\\hline \text { Dee } & 107.97 & 108.97 & 107.88 & 108.72 & 0.72 & 121.56 & 102.44 & 432,512 \\\hline \text { Mar } & 106.91 & 107.50 & 106.47 & 107.31 & 0.81 & 116.72 & 101.16 & 19,531 \\\hline\end{array}$
-Suppose you purchased 8 December Treasury bond futures contracts at the low for this day. What is the value of your investment?

• A) $800,000
• B) $851,750
• C) $863,000
• D) $871,750
• E) $834,000

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Definitions:

Sweat Test

A diagnostic test primarily used to identify cystic fibrosis, measuring the amount of chloride in sweat.

Chloride

A negatively charged ion (Cl-) that is an essential electrolyte in the body, involved in maintaining fluid balance and blood pressure.

Petechiae

Small, pinpoint hemorrhages visible on the skin or mucous membranes.

Hemorrhagic

Pertaining to bleeding or the abnormal flow of blood, often associated with ruptured blood vessels.